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Business, 19.09.2019 22:00 KindaSmartPersonn

Assume that buys a particular flat panel television for $1000. the cost of placing an order for a shipment of tvs is $75. the cost of keeping inventory for wal-mart is 15% per year. they expect to sell an average of 400 such flat panels in a year (standard deviation 30), at a fairly steady rate. the lead time is 2 weeks. how much safety stock should they keep in order to stock out less than 5% of order cycles if they used an (s, q) systems? redo for a service level of 95%.

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